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A new version of Ubuntu One client for Kubuntu 10.10 has been released. The version is first alpha release following a earlier pre-alpha version. Most of the features work fine for Kubuntu but there may be bugs.

The new release brings features like:

Ubuntu One status Notifier

Configuration from system settings under Network settings

Easy folder and bandwidth management

Added to KInfoCenter

The new version will not work on Kubuntu 10.04. You will need a fully updated Kubuntu 10.10 version which is still in development.

To install run following commands:

sudo add-apt-repository apachelogger/ubuntuone-kde

Now, update your system and install ubuntuone-kde.
More information here